My Favorite “Social” Networking Site
LinkedIn is in the news, with a round of financing, walue of a cool billion, and big plans that seem to be on the right track.
Business. Economics. Blogosphere.
LinkedIn is in the news, with a round of financing, walue of a cool billion, and big plans that seem to be on the right track.
Around these parts, this articlle sounds funny. Some of us have been driving less for a long time. To the point where atrophied vehicles are a concern
, where they can just sit and decay by not being driven as intended.
Well, that’s not what the article title says: May Retail Sales Up More Than Expected.
Rebate checks? More money on hand? Do the people who write these things actually do any shopping?
I could easily buy retail prices being up by the 0.8% stated, after factoring out certain big ticket items and gas. There’s just no factoring out the cost of fuel from the cost of groceries and other goods.
Painting this as rosy sales news is almost like thinking that the same percentage profit on $138 that you made on $50 is a “windfall.”